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All Forum Posts by: Jeanine P.

Jeanine P. has started 1 posts and replied 124 times.

Post: Bakersfield Real Estate Investors Networking Group

Jeanine P.Posted
  • Investor
  • Sacramento, CA
  • Posts 161
  • Votes 28

I buy and sell properties in Bakersfield. Does anyone want to connect

Post: Advice on bundle deal

Jeanine P.Posted
  • Investor
  • Sacramento, CA
  • Posts 161
  • Votes 28

@Ben Valdez Jr I buy and invest in Bakersfield all the time. What do you have?

Post: I Found Out a Year Later That My Co-Owner Died!

Jeanine P.Posted
  • Investor
  • Sacramento, CA
  • Posts 161
  • Votes 28

What's the property value ?

Post: Property with tax lien/ water lien and owners died.

Jeanine P.Posted
  • Investor
  • Sacramento, CA
  • Posts 161
  • Votes 28

@Nicole yes, the house will need to be probated but if family doesn't want it, then auction will take place. There are a couple of other things you can try. PM me. 

Post: One Deal Done, But Still New

Jeanine P.Posted
  • Investor
  • Sacramento, CA
  • Posts 161
  • Votes 28

Way to go

Post: Multi family rental in Bakersfield

Jeanine P.Posted
  • Investor
  • Sacramento, CA
  • Posts 161
  • Votes 28

@Amber Smith, I agree with you. In addition either nw or sw good rental for sfh or multi. Eastide you will find better cash flow. I have wholesale properties on the Eastside often and specialize in probate and I see the difference in price, spread, roi and cap rate.

Post: Bakersfield real estate trends

Jeanine P.Posted
  • Investor
  • Sacramento, CA
  • Posts 161
  • Votes 28

@Johnny Hoang, Which High School BHS? Pretty decent if its on the West side of South H st, Oleander neighborhood. Most of the Oleander neighborhood is pretty decent. When you go East of South H, passed Chester Ave, it tends to get a bit more of C class area. South of California ave

Post: College Drop out to First Deal

Jeanine P.Posted
  • Investor
  • Sacramento, CA
  • Posts 161
  • Votes 28

Congrats to you. Keep them coming!

Post: HAPPY DAY OF BIRTH, BRANDON!!!!

Jeanine P.Posted
  • Investor
  • Sacramento, CA
  • Posts 161
  • Votes 28

Another year of wisdom,   :~~::~:~: HAPPY BIRTHDAY !  ~:~:~:~:~:~:~:  All the best.

Post: PROBATE

Jeanine P.Posted
  • Investor
  • Sacramento, CA
  • Posts 161
  • Votes 28
Originally posted by @Jeanine P.:
Originally posted by @Jeanine P.:

@Amanda

Make sure you check in to your state law. All probates do not require court confirmation or notice of sale. See section 10503 below per California Legislative Law. You can also visit the website to learn more information. In addition, if the will directs the sale of property or gives authority to the personal representative to sell the property, you do not have file a notice of sale or court confirmation. Get the correct information before getting advise from this site.  I am not an attorney and not giving legal advise, but I am familiar with the law and have helped sellers file the correct paperwork for the estate.

10503.

Subject to the limitations and requirements of this part, when the personal representative exercises the authority to sell property of the estate under this part, the personal representative may sell the property either at public auction or private sale, and with or without notice, for such price, for cash or on credit, and upon such terms and conditions as the personal representative may determine, and the requirements applicable to court confirmation of sales of real property (including, but not limited to, publication of notice of sale, court approval of agents’ and brokers’ commissions, sale at not less than 90 percent of appraised value, and court examination into the necessity for the sale, advantage to the estate and benefit to interested persons, and efforts of the personal representative to obtain the highest and best price for the property reasonably attainable), and the requirements applicable to court confirmation of sales of personal property, do not apply to the sale.

(Enacted by Stats. 1990, Ch. 79.)